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Hourly Rate Calculator

Convert between hourly, monthly, and annual pay. See your overtime rate and compare with minimum wage.

Hourly
Monthly
Annual
OT Rate/hr
Overtime Tier Multiplier Hourly Amount Monthly OT Pay

Based on 2024 Taiwan minimum wage: NT$27,470/month, NT$183/hour

How to calculate your hourly rate

The standard formula is: monthly salary ÷ work days per month ÷ hours per day. For someone earning NT$50,000 per month, working 22 days at 8 hours each, that's 50,000 ÷ 22 ÷ 8 = NT$284/hour. Knowing your true hourly rate helps you evaluate whether overtime is worth it, or compare offers across different pay structures.

Taiwan overtime pay rules

Under the Labor Standards Act, overtime pay works in tiers: the first 2 hours earn an extra 1/3 (effectively 1.34× your hourly rate), and hours 3-4 earn an extra 2/3 (1.67× rate). Rest day overtime is calculated differently — 1.34× for the first 2 hours, then 1.67× for hours 3-8. National holidays pay double.

Minimum wage in Taiwan

As of 2024, Taiwan's minimum wage is NT$27,470/month for salaried workers and NT$183/hour for hourly workers. If your calculated hourly rate falls below the minimum, the employer may be in violation. Note that minimum wage covers regular working hours only — it doesn't include overtime pay, attendance bonuses, or other allowances.